Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-09-01
On CHANGE.
Spo: Cotton Irregular, Flu ures from
TIVE TO Five Points Higher.
Money Market Easy.
Whcat Opened Week and Advanced
Steadily to the clos,-Live Stock
Transactions Erisk.
Daily Review.
GAZETTE OFFICE,
Eo,- WcD-r. ~. 49, OF 49,


FORT WORTH, TEX, Aug, 81, 1851
The foods causing the stoppsge Of
freight trains on several roads and the
heavy rains in the city caused stsgna-
ton in trade to-day, although wholesale
dealers have many orders to IL. which
nave have accumulated in tie last two
days.
Country produce is veg scarce ard
prices are quite fancy.
THE STATE OF TRADE.
Special kilograms TO Bradslreet's from
the more important distributing centeTs
throughout the United States Indicate
thGt there is s fair degree of activity in
the movement CT general merchandise.
This IS the more noticeable in dry goods
and groceries, purchases of fall stocks by
interior merchants being quite active IN
ali directions, except where the effects OF
the l&te drought west and southwest are
most conspicuous. Chicsgo, Mime
epoIis, ST. Paul, s.. Louis, ST.
Joseph, Kansas City aud New O:leans
advlces all point in this direction, and ct
the east, those from New York and BCs-
| ton. Mercantile collections are t>irly
prompt, except in some portions CT the
! corr beit, where the drOuth has exercised
an unfsvore5le iIfiGence both as to pur-
chtses and payments. The eastward
movement Of wheat is heavy, but ship
mentS to interior markets f.lI behind LAST
year. The favorable cotton and sugar
crop prospects stimulate purchases in
| Louisiana, end cooler weather end rains
iu Texas, Missouri, Iowa, Kansas and
| Nebraska have frightened thu com nar-
cIsl prospect.
Leading domestic money markets tend
toward stringenCy rather than the re-
verse. VITA temporslY fluctuations the
supply Of funds al Boston is relatively
smaller in proportion to the demand
Fuud ~ New York or call, While nomi
nally essy, are hardening, ana banks are
scaunsng collateral much more closely;
time IosnS are quite stiff. New Yc1k aDC
western banks have been drawing CT
Philadelphia; CI.csgO is drawing or
western -and northwestern banks, and
while grain demands there have MOI
begun vet, currency is scarce; the interior
demand for funds is heavier at Kansas
City, rendering trade requests less easy
to lAeec, S1d q New Orleans currency l:
going to the interior. Bat al Omaha, St
Louis and Cincinnati the money msrkets
are easy Law sterling exchange rates
VIII IdlS SCtI III pOIIS y III VIEW Ci LIZ
excess III value Of imports over exports
this year, point to foreign investments il
American securities end to transaction.
in exchange based or prospective cottoI
exports.
The New York stock market is weak
an unexpected failure snd rUmOrs OF en-
barrassments aiding bearish attacks OF
, prices. Pieces OF government II pei
cent. bonds were bid up, but without Ell
feet upon the action Of the Treasury, an
q decline followed. -Four per cents
We're heavy ca 1rge ofelirgS.
The Industrial situation is fairly salts.
f.ctOry. The cut Of 3 per ton in stee
rail prices was to check foreign compe
tition. Bar iron mills have fair amour
OF orders. Pig iron, east, No. l, is yer,
firm, bu. the anticipated general deman,
is not in sight. No. > is easier, 81,
imports Of Scotch are larger. Demand fc
pig itoa 81 St. Louis and Chicago is yer
aclive. At the latter, bonuses have bee1
paid to secure early GcAyeries.- Brad
/ Streets